Ganch - What the hell do you do for a living?

[raiders72002]

You're the smartest guy on this forum. Are you a pro? What other jobs have you had in your lifetime?

[Ganchrow]

You're the smartest guy on this forum. Are you a pro? What other jobs have you had in your lifetime?

We've had this conversation before.

[raiders72002]

Ganch- My memory is shot. Give me the link. I put the ball on the tee for you to brag and you don't even take a swing.

[DrunkenLullaby]

One thing's for sure, he can't be a pro - because clearly JJ's the only pro on here.

[raiders72002]

because clearly JJ's the only pro on here

true, which is why no one accepted the JJGold challenge.

[Ganchrow]

Ganch- My memory is shot. Give me the link. I put the ball on the tee for you to brag and you don't even take a swing.

I worked on Wall Street as an quantitative equity trader before running my own statistical arbitrage desk and then hedge fund.

I sold my hedge fund interest and now do advantage gambling full time.

[raiders72002]

poker too? If you ever write a program for that send it my way.

[raiders72002]

Ganch- Nice to see that you finally took a swing. I was afraid that you were getting too old to step into the box.

[pico]

I worked on Wall Street as an quantitative equity trader before running my own statistical arbitrage desk and hedge fund.

I retired and now do advantage gambling full time.

quant trading models are getting killed last couple of days

[Ganchrow]

quant trading models are getting killed last couple of days

I'm sorry, I forgot how plugged in you were.

Quantitative trading is not a monolithic asset class. Some quant strategies have been getting hurt, some have been doing well.

[BigBollocks]

Well now that you've been asked about your professional history Ganch I'll shoot one too. I've always been curious what your educational background was. I have no doubts that you succeeded in a pretty rigorous statistics-based program of some sort. I'd also be curious how you transitioned from university into your equity trader position. Cheers...

[stump]

great question! i have always wondered this, i read everything ganchow posts, and although i consider myself a successful handicapper, i feel real stupid when i read some of his posts. keep posting ganchow, thanks

[Ganchrow]

Well now that you've been asked about your professional history Ganch I'll shoot one too. I've always been curious what your educational background was. I have no doubts that you succeeded in a pretty rigorous statistics-based program of some sort. I'd also be curious how you transitioned from university into your equity trader position.

Bachelor's in math, Master's in economics.

If you want to know the rest, you'll have to buy the book.

[imgv94]

Ganchrow can be anything he wants to be..


Well since you are taking questions now, I'd like to know what drugs you have
consumed recently?

[Ganchrow]

Well since you are taking questions now, I'd like to know what drugs you have consumed recently?

If you want to book an interview you'll need to talk to my agent.

[jjgold]

I wonder if Ganch got bounced from Wall Street due to insider trading? Why in the hell would he be here with degenerate gamblers?

[hhsilver]

When I began coming to the forum a few months ago, two posters helped make me want to continue visiting -- Ganch and, you guessed it, JJgold. In addition to the many other astute posters, these two stood out, for vastly different reasons of course.

Too bad, when I was getting my degree in math many years ago, my professors didn't explain things as clearly as Ganch. His writings make me nostalgic for my happy college days many years ago.
And JJ -- well I guess I was impressed with JJ just being JJ.

When I decided to finally signup so I could post I said to myself "oh no, not another choosing of a user name - I can never think of one I like". And so in honor of jjgold ( sorry Ganchrow, I couldn't do much with your name) I became hhsilver.

Recently, for reasons related to another thread that I won't get into here, I came to regret my choice. But since I don't believe in ghosts I guess I'll continue to be hhsilver.

Ganch, you make me feel like a young math student again - Thanks.

[Ganchrow]

When I began coming to the forum a few months ago, two posters helped make me want to continue visiting -- Ganch and, you guessed it, JJgold. In addition to the many other astute posters, these two stood out, for vastly different reasons of course.

Too bad, when I was getting my degree in math many years ago, my professors didn't explain things as clearly as Ganch. His writings make me nostalgic for my happy college days many years ago.
And JJ -- well I guess I was impressed with JJ just being JJ.

When I decided to finally signup so I could post I said to myself "oh no, not another choosing of a user name - I can never think of one I like". And so in honor of jjgold ( sorry Ganchrow, I couldn't do much with your name) I became hhsilver.

Recently, for reasons related to another thread that I won't get into here, I came to regret my choice. But since I don't believe in ghosts I guess I'll continue to be hhsilver.

Ganch, you make me feel like a young math student again - Thanks.

That's nothing ... you should see me tap dance.

Thanks for the kind words, btw.

[jjgold]

I have always supsected Ganch as being shady and still do, no one disputes his math and computer genius, might be best ever on a forum but I do not trust the fuk.

[20Four7]

I can't believe you were so honest with everyone about your work/educational background. The way you explain yourself on here is amazing. While my education is math and science based sometimes when going through your stuff I sit back and really have to take a good look at it. Read and re read a few times till it starts to make sense. I had one statistics professor who knew I gambled and I could pull figures out on what the probability of a lot of things were (cards, dice etc) but that was because I just knew what they were. If asked for a formula on how to figure it out I really had to think. Because honestly if you know the odds are 6-5 why would you need a formula?

Keep posting Ganch even the stuff I have trouble following as it's always informative.

And JJ only believes the guys who you can trust are the degenerate gamblers because you know

A) They will stiff you
B) They won't stiff you.

[raiders72002]

hhsilver- Good post. I agree with a lot of it.

I think Ganch is involved in this NBA ref thing.

[moses millsap]

I think Ganch is involved in this NBA ref thing.

I'm eagerly awaiting Donaghy to name him:

"...Salvatore, Rush, Mauer, and Ganchrow"

[raiders72002]

I'm eagerly awaiting Donaghy to name him:

"...Salvatore, Rush, Mauer, and Ganchrow"

[WileOut]

Ganch I'm taking biostatistics this fall as part of a masters degree in health information systems/Public Health.

If I have any problems in the class I will be PM'ing you

[remmy358]

I wonder if Ganch got bounced from Wall Street due to insider trading? Why in the hell would he be here with degenerate gamblers?

while i am not saying if jj is right or wrong, it does make one wonder why ganch struts around the sbr forum...the money that could be made in other areas is a lot more. there are very few pro's in this business, and ganch may or may not be a pro. i've seen some math wiz's that could rob a casino and book, but were compulsive gamblers and lost it all....

so what is the deal with ganch, gancho, come clean...why are you on here betting and posting

[SBR_John]

Ganch is the man!

[SlapDash]

Ganch is the man!

Agree.

Now, how bout that 3rd part on the Kelly criterion, sir?

[Fingers x-ed that sucking up will get things moving]

[raiders72002]

he money that could be made in other areas is a lot more. th

not necessarily true. Fezzik quit being an actuary to gamble full time.

You can also use the money that you make gambling to invest in other areas such as real estate.

[ugard]

so what is the deal with ganch, gancho, come clean...why are you on here betting and posting

Third, there is the professional gambler, such as the one in the Slate article (or the boyfriend of blogger Jacqueline Passey). In some ways, this case is the saddest of all. I have no doubt that some people can, in fact, make a living gambling. But doing so requires a lot of intelligence and savvy. It is a shame that someone with so much inherent ability wastes it doing something of such little social value.

http://gregmankiw.blogspot.com/2006/07/why-i-hate-gambling.html

<devil's advocate>
My theory is that Ganchrow is intellectually a committed libertarian, but emotionally still has the human sympathy that most, if not all of us, seem to be born with. He worries about the stark fact that gambling markets are essentially about the transfer of money from the, how can I put this, statistically astute to the not-so-statistically astute. The earning made from gambling is arguably of very little social value. It is not really growing the economy, expanding human knowledge or any other noble cause.

Hence, the aforementioned worry about others condition, leads him to try to educate the rest of us mugs so we have a least got a chance. We have been honorably defeated in a game of skill. At the very least we are not able to claim (and if true, a very large problem indeed for the libertarian) that we didn't know we were losing our money. We paid, in expected losses, for the fun of doing it after all!

If Ganchrow were a burglar (and if burglary were legal of course) he would have your house cleared from top to bottom in ten minutes flat while you slept, but he would have popped round the previous week for a friendly chat to let you know he was coming.
</devils advocate>

[jjgold]

Odds Ganch barreled in? +125

[Scorpion]

Ganch = Andy Iskoe

[RickySteve]

Ganch = Andy Iskoe

That's out of line. You need to apologize.

[Ganchrow]

Ganch = Andy Iskoe

If so, then I really let me have it.

[imgv94]

I wonder if Ganchrow was ever a salesman.